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Macclesfield Town held a Supporters and Shareholders meeting last night to discuss the implications of the massive bill imposed on them by the FA.
With a £300,000 bill due in less than six weeks after the club were found guilty on several counts over grants obtained from the Football Stadia Improvement Fund, over 250 Macclesfield supporters attended last nights meeting to explore ways to pay the bill.
With the Silkmen apparently writing off the chances of an appeal being successful, the meeting focused on covering the massive debt. Macclesfield are not a rich club, and falling attendances mean they are currently running at a weekly loss of around £3,000. The clubs owners, the Iraqi Alkhadi brothers, have already pumped £2million into the club since buying a stake in the club two years ago - rescuing it from ruin in the process. The club had issued redundancy notices to several backroom staff two weeks ago in a bid to stay afloat and the brothers had already indicated that the club had to stabilise itself financially.
http://www.thesilkweb.com has information on the fundraising initiatives, including a pixel purchase page which has raised over £1200 so far.
